Baker McKenzie represented SVEZA, one of the world leaders in the natural birch plywood market, in connection with the acquisition of Tuymen Plywood Plant and two of its satellite companies in Tuymen. The acquired companies are major producers of large-sized plywood in Russia, supplying their products to various Russian and foreign construction companies as well as those engaged in machine, aviation and shipbuilding. The transaction is part of SVEZA’s strategy to increase its production volumes by expanding its portfolio with potential high-growth businesses.
 

Our Italy tech team assisted Italian web entrepreneurs Fabio Pezzotti and Domenico Laudonia in the creation of Iconium SpA, the first company in Italy dedicated to investing in blockchain-based fundings and ICOs (Initial Coin Offerings).

Baker McKenzie, along with other law firms, assisted Ideal Standard in the transfer of its business in Roccasecca, Italy, safeguarding the site’s activities and employment.

The company, one of the world’s leading manufacturers of high-quality residential, commercial and healthcare bathroom solutions, signed an agreement with Saxa Grestone S.r.l. for the sale of its activities in Roccasecca, allowing business continuity for the factory and its 279 employees.

Skadden secured an important victory for client UCP Plc in a jurisdiction battle in the English High Court. The challenge by Nectrus Limited arose in connection with a claim by UCP for breaches of an agreement containing a nonexclusive jurisdiction clause in favor of the English courts, in circumstances where neither party operates in England and proceedings have been initiated by Nectrus against UCP in the Isle of Man.

On February 27, Skadden secured dismissal with prejudice of a securities fraud case against firm client NQ Mobile, Inc. and certain of its executives. The plaintiffs asserted claims under Section 10(b) and 20(a) of the Securities Exchange Act, alleging that the defendants misled investors about the value of the company and failed to timely disclose certain corporate acquisitions.

Global law firm White & Case LLP advised PFH on its acquisition of Uni Gasket Group.

PFH is an independent investment holding company which has been operating in Italy for more than 30 years. Uni Gasket is an Italian company active in the production of PTFE, rubber and silicone pipes and gaskets.

The transaction has been partially financed through a term and revolving facility agreement provided by Unione di Banche Italiane S.p.A. and Banco BPM S.p.A., which were also advised by White & Case.

Dentons has bolstered its UAE Corporate practice with the hire of partner Ziad Saad who has been based in Dubai for over seven years.

Ziad is the third partner hire for Dentons in Dubai in the past six months, a clear demonstration of the Firm's commitment to strengthening its Middle East practice while also expanding its senior Arabic-speaking resource. Ziad's recruitment follows that of corporate partner Ghassan Shuhaibar in October and Energy partner Mhairi Main Garcia in November.

Global law firm DLA Piper announced today the addition in Texas of a six-partner team that specializes in the representation of institutional investors in connection with their alternative investments and other matters.

The team, which includes David Parrish, Nicole Brennig, Elise Green, Philip Svahn, Sara Stinnett and Richard Cardillo, represents many of the world’s largest and most active foreign and domestic pension plans, endowments, insurance companies, private market solutions providers, family offices and other financial institutions.

Michał Turczyk will be responsible for developing the Firm's services related to grants, R&D incentives, innovation and foreign investment advisory. “Our clients can now benefit from Michał's support in relation to investment relief, incentive schemes and comprehensive foreign investor services. His services complement our existing offering,” says partner Karina Furga-Dąbrowska, Co-head of Dentons’ Tax team in Poland.

Addleshaw Goddard has announced its 7th lateral partner hire of 2018.  Andrew Fordham, partner in Squire Patton Boggs' Financial Services practice in Leeds, will join Addleshaw Goddard later this year.  Andrew adds important additional bandwidth to a busy transactional team, and will play a significant role generating new opportunities in the local market, where he is highly regarded.